GOLD 0.51% $1,391.7 gold futures

sure wombat - on another night. avgjoe - like i said you are...

  1. 9,782 Posts.
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    sure wombat - on another night.

    avgjoe - like i said you are being technocratic in your interpretation. i told you i am investing a long term economic trend and youve immeidately tried to reduce it to price data. it doesnt work that way

    eg. i could tell mid 2012 aud interest rates would fall significantly due to china slowdown. but they didnt change for another year. but the inflection point was early 2012 topping out of commodity price sand slowing of chinese gdp

    buyign gold at 1050 because the inflexion point in the trend had changed and the weak 4th q us gdp data was catalyst is the same thing

    that is the 4th time ive explained this for you..

    by your technocratic definition you might prefer to say im not a trend trader at all and im a speculator or somesuch

    but it would be wrong. im long ongeconomic trends - but tht doesnt necessarily equate to being always long the related pricing trends. as they arent always the same thing

    because of the waves i mentioned before
    Last edited by goldbear77: 29/05/16
 
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